Pramerica Term
vs
Aviva Term

  • Multiple policy tenure to choose from
  • Premiums starting @Rs 15/day
  • 30-day grace period
Buy Policy in just 2 mins

Buy Policy in just 2 mins

Happy Customers

2 lakh + Happy Customers

Free Comparison

Free Comparison

Customized Term Insurance Plan for you.

Get upto 10% Online Discount*

Gender

Age

Select Insurer

Compare

Pramerica Term vs Aviva Term

Pramerica Term

Pramerica Life Insurance offers wide range of solutions to individuals as well as groups. They have PAN India presence with 137 branches.

Aviva Term

Aviva India is a joint venture between Aviva Plc (UK based company) and Dabur Invest Corp (one of the popular business in India).

COMPANY DETAILS Edit Pramerica Life Term Insurance

Pramerica Term

 Edit Aviva Life Term Insurance

Aviva Term
Rating
Number of term insurance plans and add-ons
Annual Premiums Collected (2023-24)

Annual Premiums Collected (2023-24)

1495.39 Cr

Annual Premiums Collected (2023-24)

1317.45
Payout Options

Payout Options

Lump sum, monthly, or a combination of both

Payout Options

Lump sum, monthly or a combination of both
Claim ratio

Payout Options

98.8%

Payout Options

98.3%
Solvency Ratio

Solvency Ratio

4.1

Solvency Ratio

1.8
Pan India Presence

Pan India Presence

131

Pan India Presence

122+
Riders Available

Riders Available

Accidental Death Benefit Rider, Accidental and Total Permanent Disability Rider, Critical Illness Rider, Waiver of Premium Rider

Riders Available

Accidental Death Benefit Rider, Critical Illness Rider, Waiver of Premium Rider, Disability Income Riders
Policy Term

Policy Term

10 to 30 years

Policy Term

10 to 40 years

Know More About Companies

Overview

Pramerica Term Insurance: Overview

Pramerica Life, established in year 2008 offers a vast range of insurance products to their customers. One such product is Pramerica Term Insurance. It offers high coverage at an affordable premium by ensuring that your family is financially protected by offering a lump sum payout in the event of death during the policy term.

What are some of the
Benefits
that set them apart?

  • Attractive premiums

  • Flexible premium payment option

  • Critical illness cover

  • Accidental death benefit

  • Premium waiver option

  • Long-term protection

  • Tax benefits

  • Additional rider to enhance protection

Riders

Riders You Can Avail With Pramerica term insurance Plans

Name of the Riders Benefits
Pramerica Life Accidental Death Benefit Rider Under this rider, if the policyholder dies after 180 days of the occurrence of the accident, an additional benefit equal to the rider sum assured will be payable to the nominee with immediate effect.
Pramerica Term Accidental and Total Permanent Disability Rider Under this rider, upon the policyholder’s disability due to an accident, a rider sum assured will be paid for the treatment and managing monthly expenses.
Pramerica Term Critical Illness Rider Under this Rider, if the policyholder is diagnosed with any of the listed 36 critical illnesses, a rider sum assured will be paid to the nominee.
Pramerica Term Waiver of Premium Rider IUnder Pramerica’s Life waiver of premium rider, if the policyholder is diagnosed with any of the listed 40 critical illnesses or is fully disabled due to an accident then all the future premiums of the ongoing term plan will waived off with immediate effect.

Consult for Personalized Insurance Advice

Contact With Advisor

But how does it work?

Schedule a call with India’s number 1 trusted advisor with a 4.5+ rating on Google. We are not your average insurance agents. Our advisors are experts in their insurance knowledge and will give you the right information at the right time. The service is free of cost! Don’t worry, we won’t spam as we value your time.

Other Term Insurance Companies

  • Term Insurance
  • Life Insurance

LIC Term Insurance

HDFC Term Insurance

ICICI Term Insurance

SBI Life Term Insurance

Max Life Term Insurance

TATA AIA Term Insurance

PNB Metlife Term Insurance

Bajaj Allianz Term Insurance

Bandhan Life Term Insurance

Kotak Life Term Insurance

Canara HSBC OBC Term Insurance

Bharti AXA Term Insurance

Aviva Term Insurance

Indiafirst Term Insurance

Exide Life Term Insurance

Edelweiss Tokio Term Life Insurance

Ageas Federal Term Insurance

Future Generali Term Insurance

Birla Sun Life Term Insurance

Reliance Term Insurance

Pramerica Term Insurance

Term Insurance Companies

Trouble connecting with an insurance company?

Contact PolicyX.comCall at our toll-free number 1800-4200-269Email: helpdesk@policyx.com

We are happy to help.

Aviva Life Term Insurance

Explore India’s best-selling Term insurance plans below

Aviva India is a joint venture between Aviva Plc (UK based company) and Dabur Invest Corp (one of the popular business in India).

Aviva Protection Plus Plan

Aviva Protection Plus Plan

Aviva Protection Plus is a non-linked non-participating individual life insurance savings plan by Aviva Life Insurance India. The plan comes with two ...

Unique Features

  • 2 Plan option
  • High sum assured rebate
  • Return of Premium

Aviva Protection Plus Plan (Pros)

Aviva Protection Plus Plan
  • Accidental Death Benefit
  • Critical Illness Benefit
  • Waiver of Premium

Aviva Protection Plus Plan (Cons)

Aviva Protection Plus Plan
  • No Policy Loan
  • No Investment Option
  • No Maturity Benefit

Aviva Protection Plus Plan (Other Benefits)

Aviva Protection Plus Plan
  • High Sum Assured Discount
  • Tax Benefit
  • Flexible PPT

Aviva Protection Plus Plan (Eligibility Criteria)

Aviva Protection Plus Plan
  • Entry Age - 20 yrs
  • Maturity Age- 65 yrs
  • Min Sum Assured-20 lac
  • Max Maturity Age-80 yrs
  • Tax Benefit - Yes

Quick and Free Quick Comparison with Other Insurers

Edelweiss Tokio

Idbi Federal

Reliance Term

Sud Life

Birla Sun Life

Aviva Term

Bharti Axa

Exide Term

Future Generali Term

Indiafirst

Lic Term

Canara Hsbc

Kotak Term

Sbi Term Insurance

Axis Max Term Insurance

Hdfc Term Insurance Plans

Bajaj Allianz Term Insurance Plan

Tata Aia Term Insurance

Icici Term Insurance

Bandhan Term Insurance

Pnb Metlife Term Insurance

Edelweiss Tokio

Idbi Federal

Reliance Term

Pramerica Term

Sud Life

Birla Sun Life

Bharti Axa

Exide Term

Future Generali Term

Indiafirst

Lic Term

Canara Hsbc

Kotak Term

Sbi Term Insurance

Axis Max Term Insurance

Hdfc Term Insurance Plans

Bajaj Allianz Term Insurance Plan

Tata Aia Term Insurance

Icici Term Insurance

Bandhan Term Insurance

Pnb Metlife Term Insurance

Naval Goel

Reviewed By: Naval Goel

Naval Goel is the CEO & founder of PolicyX.com. Naval has an expertise in the insurance sector and has professional experience of more than a decade in the Industry and has worked in companies like AIG, New York doing valuation of insurance subsidiaries. He is also an Associate Member of the Indian Institute of Insurance, Pune. He has been authorized by IRDAI to act as a Principal Officer of PolicyX.com Insurance Web Aggregator.

You May Also Know About

Term Insurance Best Term Insurance Plans Best Term Insurance Companies Term Insurance Calculator 1 Crore Term Insurance